Overview
What is North Penn Area Scholarship Fund Association Inc?
North Penn Area Scholarship Fund Association Inc, located in Lansdale, Pennsylvania, is a nonprofit organization primarily dedicated to awarding scholarships to graduating high school students. Their mission is to help students in their pursuit of post-secondary education, providing them with financial aid to further their academic journey. This organization provides essential assistance, aiding students in their transition from high school to higher education.
Official website here: www.npasfa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The North Penn Area Scholarship Fund Association Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This score is derived from a single beacon focused on Accountability & Finance, highlighting the organization’s commitment to transparency and effective financial management.
The organization demonstrates strong governance practices, including a fully independent board of directors and compliance with key policies such as conflict of interest guidelines. Additionally, the fund allocates a significant portion of its resources to program expenses, with an impressive 81.12% of expenditures directed towards its mission, indicating a focus on delivering impactful scholarship support.
However, the organization does have a couple of areas for improvement, specifically in the documentation of its whistleblower and document retention policies, which are currently missing. Addressing these gaps may enhance their accountability and reinforce trust among stakeholders. Overall, the fund shows a robust operational framework while continuing to seek enhancements in its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is North Penn Area Scholarship Fund Association Inc legitimate?
North Penn Area Scholarship Fund Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Penn Area Scholarship Fund Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.npasfa.org
What is the mission statement of North Penn Area Scholarship Fund Association Inc?
The North Penn Area Scholarship Fund Association Inc's mission is centered around assisting students in their pursuit of higher education. This organization strives to achieve this goal by providing scholarships to graduating high school students. By doing so, they aim to contribute to the educational growth and future prospects of these students. The association's primary activity is awarding scholarships, thereby providing financial support to deserving students who wish to continue their education beyond high school.
Official website here: www.npasfa.org
Who is the CEO of North Penn Area Scholarship Fund Association Inc?
Donald R Kalb is the Principal Officer of North Penn Area Scholarship Fund Association Inc.
Official website here: www.npasfa.org
What is the revenue of North Penn Area Scholarship Fund Association Inc?
North Penn Area Scholarship Fund Association Inc's revenue in 2023 was $12,261.
Official website here: www.npasfa.org
Who are the executives of North Penn Area Scholarship Fund Association Inc and what are their salaries?
There 10 volunteers at North Penn Area Scholarship Fund Association Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.npasfa.org
Where can I find the form 990 for North Penn Area Scholarship Fund Association Inc?
North Penn Area Scholarship Fund Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.npasfa.org
Learn more at the official website: www.npasfa.org
Mission Statement of North Penn Area Scholarship Fund Association Inc
The North Penn Area Scholarship Fund Association Inc is dedicated to aiding students in their pursuit of post-secondary education. This nonprofit organization's mission is centered around providing financial assistance to graduating high school students, empowering them to continue their academic journeys beyond secondary level. By awarding scholarships, North Penn Area Scholarship Fund Association Inc plays a crucial role in bridging the financial gap and helping deserving students realize their educational aspirations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
North Penn Area Scholarship Fund Association Inc's impact lies in its critical role in assisting students in their pursuit of post-secondary education. By awarding scholarships to graduating high school students in Lansdale, PA, this organization is directly contributing to the educational advancement and future success of the youth in the community. This support helps students achieve their academic goals, pursue higher education opportunities, and ultimately work towards a brighter future.
This information is meant to be a general summary of North Penn Area Scholarship Fund Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,520
- Gross Receipts: $324,202
Assets and Liabilities:
- Total Assets: $596,519
- Total Liabilities: $16,200
- Net Assets: $580,319
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1968
Phone
(215) 530-7796Principal Officer
Donald R Kalb
Main Address
PO BOX 842, LANSDALE, PA, 19446
Website
www.npasfa.orgNTEE Category
Code: B82Z - Education
If you are a representative of North Penn Area Scholarship Fund Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.